Henry Renee 4
Research Summary
AI-generated summary
Alcoa SVP Henry Renee Withholds 1,303 Shares for Taxes
What Happened
Henry Renee, SVP & Controller of Alcoa Corp (AA), had 1,303 shares withheld by the company to satisfy tax obligations when restricted stock units (RSUs) vested. The withholding was recorded at $58.55 per share for a total value of approximately $76,291. This was a tax-withholding transaction (code F), not an open-market sale.
Key Details
- Transaction date: 2026-01-26; Filing date: 2026-01-28 (Form 4, accession 0001193125-26-027316).
- Shares withheld: 1,303 at $58.55 per share; total ≈ $76,291.
- Transaction code: F — withholding of shares to satisfy tax liability on RSU vesting.
- Footnote: Withholding covers tax obligations for RSUs granted in 2023 and 2024.
- Shares owned after the transaction: not provided in the supplied summary.
Context
Share withholding to cover taxes on vested RSUs is a routine administrative action and does not indicate a discretionary sell or buy decision by the insider. The filing appears timely (reported within two business days of the transaction).